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Last updated on April 24, 2014 at 17:35 EDT

Magnetation LLC Announces Third Quarter 2013 Results of Operations Release Date and Conference Call

October 4, 2013

GRAND RAPIDS, Minn., Oct. 4, 2013 /PRNewswire/ — Magnetation LLC (“Magnetation”) announced that it will hold a conference call on Wednesday, November 13, 2013, at 10:00 a.m. Central Time to discuss financial results for the three and nine months ended September 30, 2013. The third quarter and year-to-date financial results will be available on https://magnetation.com/financial_reporting/ no later than November 8, 2013.

To access the financial results and login information for the conference call, a party must pre-register and certify that it is eligible for such access. Pursuant to the indenture dated May 20, 2013 among Magnetation, Mag Finance Corp., as Co-Issuer, and Wells Fargo Bank, National Association, as Trustee and Collateral Agent, relating to the 11.0% Senior Secured Notes due 2018 (the “Notes”), access to the financial results and conference call will be available only to the following:

    a)            the Trustee;

    b)             registered holders of the
                   Notes;

    c)             beneficial owners of the
                   Notes;

    d)             prospective purchasers of the
                   Notes who have certified to
                   Magnetation that they are
                   "qualified institutional
                   buyers" as defined by Rule
                   144A of the Securities Act or
                   "non-U.S. persons" as
                   defined by Regulation S of
                   the Securities Act;

    e)             securities analysts who cover
                   or intend to cover
                   Magnetation and the Notes;
                   and

    f)             market makers who make or
                   intend to make a market in
                   the Notes.

If you meet one or more of the criteria set forth above and would like to access, but have not yet been granted access to https://magnetation.com/financial_reporting/, please contact Joe Broking, Chief Financial Officer prior to the close of business on November 6, 2013.

Investor and Analyst Contact:
Joe Broking
Chief Financial Officer
O-218-999-5165 M-218-398-0079

Magnetation LLC:
Magnetation LLC is a joint venture between Magnetation, Inc. (50.1% owner) and AK Steel Corporation (49.9% owner). Magnetation LLC reclaims high-quality iron ore concentrate from previously abandoned iron ore waste stockpiles and tailings basins. Currently, Magnetation LLC owns and operates two reclamation plants located in Keewatin, MN and Taconite, MN. Magnetation LLC is constructing a 3 million metric tonne per year iron ore pellet plant in Reynolds, Indiana and an additional concentrate reclamation plant located northwest of Coleraine, MN. Additional information about the company is available at www.magnetation.com.

SOURCE Magnetation LLC


Source: PR Newswire